Internal appraisal
An Organization Should Approach All Tasks With The Idea That They Can Be Accomplished In A Superior Fashion An organization capability refers to the way systems and people in the organization work together to get things done. The way leaders foster shared mindsets, orchestrate talent, encourage speed of change, collaborate across boundaries, and learn and hold each other accountable define the company's culture and leadership edge. The firm’s ability to manage people to gain competitive advantage. • focuses on internal processes and systems for meeting customer needs • creates organization-specific competencies that provide competitive advantage since they are unique • ensures that employee skills and efforts are directed toward achieving organizational goals and strategies A document issued by a recognized agency, and dealing with design and safety requirements relating to a specific product. EXAMPLES The U.S. Occupational Safety and Health Administration (051-IA) and the American National Standards Institute (ANSI). OSHA standards are generally legally binding for an employer, while ANSI standards are generally of an advisory nature. set industry standards with input from industry representatives and consumers. “ Value Chain Analysis (VCA) is a process where a firm identifies its primary and support activities that add to its final product and then analysis to reduce costs or increase differentiation.” “ Value Chain represents the internal activities a firm engages in when transforming inputs into outputs.” Organizational Appraisal is the process of monitoring an organization’s internal environment to identify strengths and weaknesses that may influence the firms ability to achieve GOALS. It include identifying strengths and weaknesses. A document issued by a recognized agency, and dealing with design and safety requirements relating to a specific product. EXAMPLES The U.S. Occupational Safety and Health Administration (051-IA) and the American National Standards Institute (ANSI). OSHA standards are generally legally binding for an employer, while ANSI standards are generally of an advisory nature. set industry standards with input from industry representatives and consumers. A measurement of the quality of an organization's policies, products, programs, strategies, etc., and their comparison with standard measurements, or similar measurements of its peers.
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Internal appraisal
- 2. DEFINITION “An Organization Should Approach All Tasks With The Idea That They Can Be Accomplished In A Superior Fashion”. Thomas Watson 2
- 3. INTERNAL APPRAISAL Internal appraisal means to evaluate the firms own capacities and to meet the requirements of existing activities efficiently and effectively and also to meet the challenges or threats indicated on the basis of external appraisal. It further identifies the strengths, weaknesses, and resources of the company
- 4. PURPOSE Stands in capabilities and strength & weakness. Opportunity to be tapped in line with its capability. Match the objective in line with its capability. Assess the capability gap. Select the specific line in which it can grow. 4
- 5. HOW TO ANALYSIS? Assessment of the strength and weakness Appraisal of status and health Identity and assess competitive advantage. 5
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- 7. STRENGTH AND WEAKNESS TATA IBM LMT Strength - excellent workstation high brand equity largest buyers of software Weakness – Late entry into the market Limit market reach Slow in decision making 7
- 8. TECHNIQUES FOR ANALYSING STRENGTH & WEAKNESS MARKETING FINANCE HUMAN RESOURCE INFORMATION MANAGEMENT SYSTEM 8
- 9. MARKETING It is a communicating the value of a product, services or brand to customers, for the purpose of promoting or watching that product, services, or brand. low prices as compare to similar products in the market Effective sales promotion Effective distribution system Better quality product High quality customer service 9
- 10. MARKETING Marketing audit Market share analysis Product line profit analysis Brand monitoring surveys Consumer satisfaction index Analysis of price and volume relationship 10
- 11. FINANCE Access to financial resources High level of credit worthiness Amicable relationship with financial institutions High level of shareholder confidence Tax benefits due to various govt. policies 11
- 12. HUMAN RESOURCE Genuine concern for HRM and development Efficient and effective personnel system Excellent training opportunities and facilities Congenial working environment Highly satisfied and motivated workforce Low level of absenteeism High level of organizational loyalty 12
- 13. INFORMATION MANAGEMENT SYSTEM Ease and convenience of access to information sources Computerized information system Use and availability of high tech equipment Positive attitude to sharing information Foolproof information security system 13
- 14. 2. STATUS AND HEALTH Trends of result Risk Manufacturing activity Organization and Management structure Financial resources Use of resources Skills and technology 14
- 15. 3.COMPETITIVE ADVANTAGE It is a special case of strategic advantage where there is one or more identified rivals against whom the rewards or penalties could be measured So out performing rivals in profitability or market standing could be competitive advantage for an organization 15
- 16. EXAMPLES Nestle CA through “brand power” VIDEOCON acquire CA through integration CA through alliance Kotak Mahindra alliance with bank of Mathura 16
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